Business

Botswana’s cattle herd falls further

Botswana’s cattle industry is getting smaller, even as commercial farmers expand their share of the national herd. The country’s cattle population fell to 1.64 million...

CCA says Ram-linked Ajantha should exit Reddy Group in Engen deal

The Competition and Consumer Authority (CCA) has approved the acquisition of a 70 percent stake in Engen Botswana by Fusionspark, but ordered a company...

ODC spot sales top P2 billion 

Botswana’s state-owned rough diamond trader, Okavango Diamond Company (ODC), has generated more than P2 billion from auction sales in the first eight months of...

Botswana, Angola join forces to defend natural diamonds

Botswana and Angola are stepping up cooperation to protect the value of natural diamonds as producers face growing competition from cheaper laboratory-grown stones and...

TalonX revives copper search at Kihabe

Australian junior TalonX Resources has revived its search for copper at the Kihabe project in north-west Botswana, reopening an exploration opportunity it had put...

Botswana courts Korean capital for post-diamond economy

Botswana is stepping up its drive to attract Korean capital, technology and industrial partnerships as it seeks to reduce its dependence on diamonds and...

Business confidence remains weak 

Botswana’s business community expects the economy to recover modestly this year, but the outlook remains clouded by weak demand, constrained government spending and high...

Govt seeks P85 billion bond ceiling to absorb pension money 

Parliament has been asked to raise the ceiling on Botswana’s government bond issuance programme from P55 billion to P85 billion, with Finance Minister Ndaba...

Bank rate held at 5.5% 

The Bank of Botswana has kept its Monetary Policy Rate at 5.5 percent, opting against further tightening despite inflation remaining well above the central...

StanChart expects up to 26% rise in half-year profit

Standard Chartered Bank Botswana expects its pre-tax profit for the six months to June 2026 to rise by between 16 percent and 26 percent,...